Newspace Research & Technologies Private Limited

Designs and develops drones for earth observation and communications.

2017 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated: January 25, 2025

Newspace Research & Technologies Profile

Key Indicators

  • Authorised Capital ₹ 14.50 Cr
  • Paid Up Capital ₹ 12.32 Cr
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 215.08 Cr
  • Satisfied Charges ₹ 77.00 Cr
  • Revenue Growth -95.21%
  • Profit Growth -4917.52%
  • Ebitda -1729.22%
  • Net Worth 40.64%
  • Total Assets 37.31%

About Newspace Research & Technologies

Newspace Research & Technologies Private Limited (NRTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 April 2017 (Seven years and nine months 9 days old ). Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 14.50 Cr and a paid-up capital of Rs 12.32 Cr.

The company currently has active open charges totaling ₹215.08 Cr. The company has closed loans amounting to ₹77.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Newspace Research & Technologies Private Limited India are Chandni Jain as COMPANY SECRETARY and Sameer Joshi as Ceo. Julius Amrit, Satya Rampalli, Sameer Joshi, and One other member serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999UP2017PTC092586

  • Company No.

    092586

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Apr 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Information Technology

Who are the key members and board of directors at Newspace Research & Technologies?

Executive Team (2)

Name Designation Appointment Date Status
Chandni Jain Company Secretary 27-Feb-2024 Current
Sameer Joshi CEO 24-Dec-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Satya Rampalli Country flag representing In Director 18-Apr-2022 Current
Rajinder Rana Country flag representing In Director 25-Apr-2017 Current
Julius Amrit Country flag representing In Director 01-Dec-2020 Current
Sameer Joshi Country flag representing In Director 25-Apr-2017 Current

Financial Performance of Newspace Research & Technologies.

Newspace Research & Technologies Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 95.21% decrease. The company also saw a substantial fall in profitability, with a 4917.52% decrease in profit. The company's net worth Soared by an impressive increase of 40.64%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-95.21%
Revenue from Operations
-99.18%
Total Assets
37.31%
Profit or Loss
-4917.52%
Net Worth
40.64%
EBITDA
-1729.22%

What is the Ownership and Shareholding Structure of Newspace Research & Technologies?

In 2024, Newspace Research & Technologies had a promoter holding of 94.98% and a public holding of 5.02%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹215.08 Cr

Satisfied Charges

₹77.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 140.10 Cr
  • Others : 55.23 Cr
  • Sidbi : 19.75 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2024 Others ₹5.00 Cr Open
24 Jul 2024 Others ₹50.00 Cr Open
06 Jan 2024 Others ₹2.25 M Open
06 Oct 2023 Sidbi ₹19.75 Cr Open
06 Oct 2023 State Bank Of India ₹140.10 Cr Open

How Many Employees Work at Newspace Research & Technologies?

Newspace Research & Technologies has a workforce of 442 employees as of Jan 25, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Newspace Research & Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Newspace Research & Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Newspace Research & Technologies

Recent activity within the organization

  • Director Appointment

    Sameer Joshi was appointed as a Ceo was appointed as a Ceo on 24 Dec 2024 & has been associated with this company since 1 month 8 days .

    24 Dec 2024

  • Annual General Meeting

    Newspace Research & Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101012969 was registered on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100974077 was registered on 24 Jul 2024.

    24 Jul 2024

  • Balance Sheet

    Newspace Research & Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Director Appointment

    Chandni Jain was appointed as a Company Secretary was appointed as a Company Secretary on 27 Feb 2024 & has been associated with this company since 11 months 6 days .

    27 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Newspace Research & Technologies Private Limited was incorporated on 25 Apr 2017.

  • The authorized share capital of Newspace Research & Technologies Private Limited is ₹ 14.50 Cr and paid-up capital is ₹ 12.32 Cr.

  • Currently 6 directors are associated with Newspace Research & Technologies Private Limited.

    • Julius Somojit Amrit
    • Satya Sridhar Rampalli
    • Sameer Joshi
    • Rajinder Rana
    • Chandni Jain
    • Sameer Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Newspace Research & Technologies Private Limited is Unit No Afof151 4Th Floor Gaur World Smart Street Mall Plot C -01A Sector 16B Greater West India, Noida, Uttar Pradesh, 201301.

  • The corporate identification number (CIN) of Newspace Research & Technologies Private Limited is U74999UP2017PTC092586 and the company number is 092586 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Newspace Research & Technologies Private Limited is https://www.newspace.co.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Newspace Research & Technologies Private Limited has fallen by -95.21%.

  • As Per 2024 financial reports, 442 employees are currently employed by Newspace Research & Technologies Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Newspace Research & Technologies Private Limited has experienced an upsurge of 40.64%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Newspace Research & Technologies Private Limited amount to ₹ 215.08 Cr.

  • The most recent Balance Sheet for Newspace Research & Technologies Private Limited was filed with the ROC on 31 Mar 2024.